STORY OF THE WEEK
Proptech is not just about buildings but about getting clients

Story of the week

19
Apr
2018

Proptech is not just about buildings but about getting clients

by Ákos Budai
Just because technology can do something does it necessarily mean that we want it to? This was just one of the many topics that Czech professionals discussed at the latest RICS event in Prague which analysed the rapidly evolving relationship of property and technology.
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Office

18
Apr
2018

Atenor launches large-scale Budapest project

by Property Forum
Belgian developer Atenor is starting its latest large-scale project, Aréna Business Campus which is located in the 8th district of Budapest. The real estate developer, listed on Euronext Brussels, bought the 19,000 square meters site under 30 Hungária Boulevard last September, on which a Class A+ office complex of nearly 72,000 square meters will be built.
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JLL selected as exclusive agent for Wroclaw project Coworking is taking the Czech market by storm New record on Budapest’s office market

Investment

18
Apr
2018

Immofinanz buys into S Immo

by Property Forum
With the signing of share purchase agreements, Immofinanz AG has purchased 19,499,437 bearer shares (representing an investment of 29.14%) of S Immo AG from member companies of the RPR Group (approx. 14.6 million shares) and the SIGNA Group (approx. 4.9 million shares). The transaction is subject to various conditions precedent, in particular, the approval of the antitrust authorities in Austria, Germany and other jurisdictions. The Supervisory Board of Immofinanz approved the purchase today.
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Polish developer sells five retail parks to CPI Globalworth aggress on €400 million loan for GPRE Growthpoint to buy into GPRE

Industrial

18
Apr
2018

Panattoni Europe builds for Ideal Automotive in Poland

by Property Forum
Panattoni Europe will develop its third manufacturing facility for Ideal Automotive. This time, the factory will be built in Świdnica, at the Wałbrzych Special Economic Zone Invest-Park, and will take up approx. 27,400 sqm. Construction works will commence as early as this April, and are scheduled for completion in Q4 of this year. The lease was mediated by the advisory firm Colliers International.
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CTP starts construction of CTPark Cluj II CTP to expand near Pitesti Linkcity plans new logistics park in Nitra

Residential

18
Apr
2018

Zeitgeist enters the Hungarian market

by Property Forum
Zeitgeist Asset Management, a company specializing in property development and asset management services for private and institutional investors, has expanded its portfolio by the acquisition of a new property for a German pension fund, administered by Institutional Investment Partners. The residential project is located in downtown Budapest.
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Alesonor invests €100 million in Bucharest project Werk invests €14 million in Timisoara residential project Golub GetHouse starts student housing project in Kraków

Report

17
Apr
2018

Joint ventures and club deals to dominate Europe in 2018

by Property Forum
Large sums are expected to be invested in property again by institutional investors worldwide in 2018. Based on its “Investment Intentions Survey 2018”, INREV expects around €51.1 billion to be invested in property this year. The largest share of this €51 billion will go to Europe (around 41.2 percent), followed by the USA (31.7 percent). The Asia-Pacific region (17.4 percent) is in third place.
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Record Q1 on Poland’s investment market Artificial intelligence is not a concern for CEE real estate professionals Global real estate industry remains strong, says PwC

Career

17
Apr
2018

CA Immo Czech Republic under new leadership

by Property Forum
Vaclav Jonas has been appointed Managing Director of the Prague office and is thus responsible for all asset and property management activities of CA Immo in the Czech Republic, including tenant support and retention. Vaclav Jonas will be supported by Jan Baxa, who took over the role of Head of Asset Management in the Czech Republic from April 2018, and Radek Poulicek, who joined the company as a Leasing Manager in March 2018.
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C&W enters Serbia and rebrands CBS International C&W launches new platform in CEE Savills sets up China Desk in Warsaw

Hotel

17
Apr
2018

BSTDB & Postbank to finance Sofia’s Marriott hotel

by Property Forum
The Black Sea Trade and Development Bank (BSTDB) and Postbank (Bulgaria) will jointly provide €58.3 million (€32 million and €26.3 million, respectively) to help finance the construction of a Marriott hotel in Sofia, the first hotel of the international chain in Bulgaria. The 12-year loan will be extended to I Tower Development JSC, a special-purpose company set-up in Bulgaria. BSTDB acted as arranger of the deal. The operation aims at meeting the growing demand for high-quality business and tourist accommodation and conference facilities in the Bulgarian capital.
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Corinthia Hotels to enter Romania Prague to see new hotel conversions Romania’s hotel market continues its boom

Interview

12
Apr
2018

Brick and mortar retail is far from dead

by Ákos Budai
With consumer habits changing rapidly and technology reshaping the entire real estate industry, the only way for shopping centres to stay in the race is to innovate. Ingo Nissen, Sonae Sierra’s Managing Director for Romania talked about the future of retail and the Romanian retail market in particular.
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CTP to continue heavy expansion, CEO says Ikea embraces e-commerce and unveils ambitious growth plan Technology is changing how property managers work

Retail

12
Apr
2018

Decathlon to enter Serbia

by Property Forum
Decathlon, the world's largest sports retailer, is now entering Serbia. Partnering with BIG CEE group, the retailer plans to open its first store in Q2 2019 at Big Fashion Park Belgrade.
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Carrefour aims to become more digitised in Poland Galeria Mazovia gets certified again Bistrita Retail Park to open this spring

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Milan, Germany, Bucharest, Budapest, Belgrade, Bratislava and Prague.
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